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Home Breaking News Red-hot housing boom: Property selling at record speeds

Red-hot housing boom: Property selling at record speeds


Homes are selling at record speeds as Australia’s supercharged housing boom continues, with buyers using cheap lending to buy more expensive property.

Australian residential properties are selling at record speeds while in short supply, with the average number of days homes are listed for sale on a popular website hitting record lows in every state in March.

According to the latest monthly housing indicators report by realestate.com.au’s owner REA Group, dwellings were listed for 48 days…



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